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Jan 12, 2017 11:36 AM IST | Source: Reuters

US may launch WTO complaint over Chinese aluminum subsidies

The complaint will likely add to rising trade tensions between the world's two largest economies as President-elect Donald Trump prepares to take office next week with pledges to reduce US trade deficits with China as a top priority.


The Obama administration is expected to launch a complaint against Chinese aluminum subsidies with the World Trade Organization on Thursday, a person familiar with the matter said.


The complaint will likely add to rising trade tensions between the world's two largest economies as President-elect Donald Trump prepares to take office next week with pledges to reduce US trade deficits with China as a top priority.

The complaint, to be filed by the US Trade Representative's office, is expected to cite "artificially cheap loans" from Chinese banks and low-priced inputs for Chinese aluminum makers as contributing to excess capacity and hurting American workers and companies.

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